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No, they were betrayed by bad management. The founders built 8 or 10 working prototypes in one year, and then the 'Team B' built the one so-called S0-1 that failed miserably at the X-Prize -- and that is it. Oddly, it is more likely now that we'll see an Aptera sometime in the future, than before they folded.
The BOD were convinced they had to "go big" rather than build the company incrementally. And they failed utterly.
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